On the brink of a Fed meeting, and with the latest turmoil in the markets due to among other things, credit and sub-prime lending, I ask you this:
Should Bernanke and the Fed step in to simmer these markets down?
Post your response as a comment.
Quantifying the true cost of increased gas prices.
Looking for the next buy-it and forget-it stock.
Loading ...
All information contained herein is for informational purposes only and does not constitute an offer to sell nor the solicitation of an offer to buy any security. The Corner Office Blog or anyone affiliated with the production of the investment market information is not responsible for any activities conducted by viewers. This material is informational only and does not recommend investment activities for corresponding viewers.
Leave comments
Subscribe to Comments
August 7th, 2007 at 7:56 am
NO. The Fed’s job is not to step in and bail out Wall Street or ponzi mortgage companies. It’s job is to keep our economy healthy and I believe if they lowered rates it would only add fuel to the fire…
August 7th, 2007 at 3:53 pm
A little late to comment, but I don’t think the Fed can do anything. A 0.25% cut won’t do anything except signal that the economy is slowing down. (which it really is but they can’t admit it or the markets will really tumble)
August 8th, 2007 at 9:00 am
No (late again, I know). It’s not the Fed’s job. The Fed’s job is to control inflation.
August 12th, 2007 at 1:26 am
If the Fed has to intervene, then things aren’t as rosy as many of the bulls would have us think.
I don’t think the Fed should step in, but I can understand how they could be concerned that the credit crunch “could” affect the economy.
August 15th, 2007 at 1:47 pm
Even if intervention happened, I don’t think it would do much.
August 22nd, 2007 at 12:22 pm
NO BAIL OUT FROM THE FEDERAL GOV’T.
LIFE IS HARD. WE MAKE BAD DECISIONS OR COMMIT SINS FOR BEING GREEDY. WE LEARN FROM OUR MISTAKES, MAKE CHANGES TO IMPROVE OURSELVES AND MOVE ON.
HOWEVER, THE FEDERAL GOV’T. SHOULD INVESTIGATE (FOR “FRAUD AND INTENTIONAL “MANIPULATIONS”) KEY PEOPLE AND INSTITUTIONS WHO ENRICHED THEMSELVES AT THE EXPENSE OF THE GENERAL PUBLIC AND CONSUMEERS.
MARBEL